Sep '22 in General discussion
DSCR Investor Loan - No Income Loan
Imagine being able to buy or refinance a house and not having to show income.
That is the case with a DSCR Investor Loan - Debt Service Coverage Ratio - Basically a loan where as long as the Appraised Rental Income covers the Principal Interest Taxes and Insurance payment of the loan, you do not have to show income.
The borrower simply needs to have a 620 credit score or higher and have at least 20% equity in the property.
There are a variety of situation as to Loan to Value and Min or Max loan amounts, so make sure to contact us to learn more!
1
0 comments
DSCR Investor Loan - No Income Loan
skool.com/premium-mortgage-corp-8458
A friendly mortgage brokerage specializing in educating First Time Home Buyers on the fastest methods to achieve homeownership in PA, NJ, DE, TX, FL.
powered by